What Brexit? Survey places London as top arbitral seat

Canvassing views from in-house counsel, arbitrators, private practitioners, third-party funders and representatives of the arbitral community, the 2018 International Arbitration Survey by White & Case and Queen Mary, University of London has evidenced a continued growth in arbitration’s appeal.

From a total of 922 participants, the highest number to date, the 2018 International Arbitration Survey: The Evolution of International Arbitration, conducted jointly by White & Case and Queen Mary, University of London (QMUL), has revealed that an overwhelming majority of respondents gravitate toward international arbitration as their preferred method of resolving cross-border disputes, with 97% saying it is their preferred method and 99% saying they are likely to choose it in the future.

While not a staggering contrast to the survey’s 2015 results, (where 90% chose arbitration), the results do indicate that many of the evolutionary bugbears experienced in international arbitration today, such as cost, of which the survey identifies as arbitration’s worst feature, do not appear to be discouraging parties.

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